A majority of the feedstock used in biodiesel production in the U.S. comes from soybean oil. To look at the health of the industry, soybean oil-based biodiesel margins provide some insight.
Biodiesel margins continued to trend lower in the final two weeks of 2021 as softer biodiesel and reduced glycerin prices were met with rising soybean oil costs. During the first two weeks of 2022, margins moved lower during the first week but rebounded in the second week as soybean oil prices shifted lower.
NOPA released their December crush data for December. The crush hit an all-time high in December of 186.4 million bushels crushed. The record crush helped lift soybean oil stocks to a 20-month high of 2.031 billion pounds.
Despite the record crush, the USDA left its crush projections unchanged for the current crop season at 2.19…
01.14.2025
EIA raises US renewable diesel output forecast for 2024-25, lowers 2025 biodiesel production outlook
The US Energy Information Administration (EIA) raised its 2024 forecast for the production of renewable diesel (RD) in the US while maintaining its 2024 biodiesel output estimate in its...
01.14.2025
DCO tracks soybean oil prices higher; fats markets unchanged
Market activity for US animal fats and oils was relatively subdued on Tuesday January 14, though sources noted a bullish sentiment in the market.
01.14.2025
USDA raises 2024/25 forecast for GCAU count, lowers feed grain use estimate
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